40, WOODLAND ROAD, FOREST TOWN, MANSFIELD, NG19 0EN - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 WOODLAND ROAD is a small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £275,000 in February 2023, which was around 6% above the average February 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

40 WOODLAND ROAD Sold Prices

Land registry data shows two sales for 40 WOODLAND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. One of the two 40 WOODLAND ROAD sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 16 FEB	£275,000	£258,460	6% above HPI
2005 24 FEB	£142,500	£146,870	3% below HPI

40 WOODLAND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The two 40 WOODLAND ROAD sales from February 2005 and February 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 40 WOODLAND ROAD?

40 WOODLAND ROAD is 77m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 40 WOODLAND ROAD lies on this distribution: 26% of detached houses are smaller than 40 WOODLAND ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

40 WOODLAND ROAD: Plot and Title Map

40 WOODLAND ROAD sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 40 WOODLAND ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 WOODLAND ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 WOODLAND ROAD?

40 WOODLAND ROAD is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 40 on WOODLAND ROAD.